23 Arizona Properties, BPO $4.08M, Asking 70+3. Mostly Single Family with one condo & 2 manufactured homes. Majority of Properties are located in Maricopa County.
Tape will not be released without LOI & Verifiable POF. Email me for More Details
For those of you looking to get your feet wet in the Bulk REO Business we have the perfect opportunity.
I came across this small 9 home package for $50K.
Mortgage.com values the properties at $510,000 or under 10 cents on the dollar!!
Now let’s say mortgage.com overvalues properties by 70% (which is extremely high, but what the heck).
That would value the portfolio at $153K which is still 32 cents on the dollar!!
Homes are located in the following states:
AZ(1) AR (1) MO (1) MI (3) LA (1) OH (1) KY (1)
Click HERE to email me if you’re interested.
!!UPDATED 2-11-09 – ONLY 23 HOUSES LEFT!!
- 47 SFHs
- All Quitclaim deeds / AS-IS
- No tax prorations
- States: (1)AZ, (5)CA, (6)FL, (5)GA, (6)IL, (5)IN, (1)MA, (1)MD, (6)MI, (1)MN, (1)NJ, (5)OH, (1)TX, (1)VA, (1)WI
- Bank provided BPO is $2,893,500
- Purchase price is $1,128,465.00 (39% of BPO) NET